In the US, it's a slow road to faster payments

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Based on its Faster Payments study, the Fed seems to be driving toward an overhaul of the US payments system, but stakeholders prefer a more incremental…

Bank of England addresses digital currencies

September 11, 2014

Institution does not believe Bitcoin poses a risk to financial stability in the UK.

Mercator announces free Viewpoint paper addressing Apple Pay, implications

September 11, 2014

'A Sleeping Giant Awakes: How Apple Pay Works and What it Means for Payments?' explains Apple Pay and explores what it means for the payments value chain.

South Carolina FCU, Fiserv forge new 10-year agreement

September 11, 2014

SCFCU will re-up its contract for the Spectrum account processing platform and add a host of other integrated solutions.

EMF to host EMV terminal training workshop for industry groups

September 11, 2014

The one-day event will provide a comprehensive review of chip technology, as well as focused sessions on development and best practices for implementation.

CSI supports tokenization for mobile payment security

September 11, 2014

Tokenization allows CSI customers to participate fully with leading mobile wallet providers, including the recently announced Apple Pay service.

Apple at the ATM: Will Apple Pay change the conversation about contactless cash transactions?

by Will Hernandez — Editor, NetWorld Media Group

It doesn't seem too over-the-top to assume that the world's favorite smartphone ultimately will gain some foothold in the ATM world, so it's probably a good…

FIs see mounting ATM fraud following Home Depot data breach

September 10, 2014

The retailer says that no PIN data was stolen in the breach. However criminals have found other ways to solve the problem of missing PINs.

Most Americans pay little or nothing in ATM, account maintenance fees

September 10, 2014

Annual ABA survey shows that 'consumers are in control' and have become adept at avoiding bank fees.

RBCG, Evo Payments, EVRY introduce first white label ATM services in Europe

September 9, 2014

The three partners are offering Europe's first white label ATM package, targeting retailers, hoteliers and travel centers.

Cummins Allison adds auto deposit option for full-function ATMs

September 9, 2014

The single-slot device accepts up to 100 bills or 50 checks, and features a graphical interface that leads the user through the deposit process.

Cambridge Mercantile, PNC Bank partner with Fiserv WireXchange

September 9, 2014

The browser-based solution integrates with Fiserv processing platforms and automates the wire transfer process.

Nets Group steps over to Tango for ATM driving

September 9, 2014

The Lusis Payments solution is now driving the Nets ATM estate of approximately 700 withdrawal and deposit ATMs.

Apple unveils Apple Pay mobile wallet at iPhone launch event

by James Bickers — Editor, Networld Alliance

September 9, 2014

Apple Pay, which is set to launch in the U.S. in October, uses a secure element in the phone to store card information. It eliminates the need for a mag…

For the self-service branch, the future is now

The continuing recognition of the importance of the branch is reflected by the willingness of financial institutions across the world to invest at record…

Digital payments gain ground as HCE hints at FI involvement

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

HCE technology has the potential to advance mobile transactions powered by tethered credit or debit card accounts, says Juniper Research and other industry…

Huawei Philippines seeks central bank's OK on virtual teller machines

September 8, 2014

Given approval by Bangko Sentral ng Pilipinas, the company says it will pursue installation of its VTMs on a commercial scale.

ATM, mobile providers meet up in Ugandan cash-out service

September 8, 2014

Customers of mobile money network MTN will be able to obtain cash at 147 Centenary Bank ATMs across Uganda.

FIS to acquire Clear2Pay for $484M

September 8, 2014

The purchase will bolster FIS’ global payments capabilities and enhance its abilities to deliver differentiated enterprise payments solutions, the company said.

Burroughs CAPI software adds user-controlled features

September 8, 2014

The common application programming interface for the company's scanner software now lets the user decide how to handle exceptions and other operational factors.